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MORTGAGE NOTE
Princi~~al Am~unt: SZO ~ aQfl. ~'J I):+tp ot Note: JUly 20 i 1976
~~a~~~~c~ DAIe: ~1'c~n .Years
Intemst Rate: 8 3~~~
Amortization Period: Fmm the df~y hereot to the Malurity Date.
Instalment P~yment: S49.95 a~onti~ly far 1'l0 a~onths, with the balanee plua
intorest due on the 121at payment
1976 ~
First lns4~lment Payment Date: $QOt8rt~(3r ri ~
FOR V:~I.I'E: RECI:IVF.I?, the undersiKned and if morn than one, jointly and severally (the \Iaker), does hernby
co~•enant and promise to pup to the onier of Sun I3ank of St. l.ucie Count~• or to its successors or assigns Icollecti~~ely the
Yayee), at its principal office at 111 Oran~e a~•e.. Fort Piene, Fla. or at such other place as the Pa~•ee may designate
to the Jfaker in w•riting from time to time, in legal tender of the United States, the Pr.ncipal Amount together w•ith
intemsl at the Interest Rate on the unpaid b:ilance of the Principal Amount.
The sums due E~nd owinR hereunder sh:ill be payahle dur~ng t}~e Amor:,zation Period in equal monthly instalmenta,
each in the amount of the In.gt:+iment Payment, the (irst such Instalment Payment to be made on the First Instalment
Yaycnent Daie and subsequent Instalment Pnyments on the first dny ot eACh month therea[ter untii the Maturi~y Date
whereupon the entire unpaid balance ot prin~ ~F~?~ and intereat accruecf and unpaid thereon shall become due artd pay-
able; each such instalment ~+•hen paid shail t?e applied tirst to the payment o( interest on the unpaid balance at the In-
terest Rate and the remainder thereot to payment on account of principal. ~
If nny Instalment Payment shall not be paid when due, then the entire principal sum and acrrued interest here-
under shaii become due and payable at once or thereafter, at the option of the holder of this Note. The Payee may. at
its option, crollect a late cFwrge not to exceed two cen4a for each one doitar of each Instalment Paprnent not- paid when
due to reimburse the Payee fo~ ex~~enses o[ servicing delinquent Instalment Payments. Faiture to exemise these options
shall not constitute a v~•aiver of the right to exen ise the same in the event of any subsequent detault.
It is further agreed that the Maker and each endorser, surety, guarantor, joindy and ee~•erally, shall pay all coats of
collection of this Note, including a rea.~sonabie attorney's tee, on tailure to pay any Instalment Payment or any accrued
interest due hereunder on the due date theteof. This Noie and all sums due hereunder ahall bear interest at the highest
law~ful rate of interest per annum in the State ot Florida from the d:ite when the principal and accrued interest under
this Note shall be due and payable. The total interest payabte hereunder shall not in any one year ezceed the highest
lawtul rnte of interest in the State of Florida.
1'his Note is Qecure~ by a Mortgage, dated the date hereof, ot pro~,erty situated in the State of Fiorida. ~
I~ The 111aker aRrees that it shall bc bound by any agreement extending tt.e time or modi[ying the above terms of
payment, made by the Payee and the owner or ov~~ners of the property af[ected by said Mortgage, whether w~th or with-
E out notice to :he l~taker, and ihe l~taker shall continue liable to pay the amount due hereunder, but with interest at a
~ rate no Rreater than the Interest Rate, a.rordinA to the terms o( any such agreement of eztension or moditication.
~ 'fhe unpaid balanre of the Y~incipal Amount, plus accrued interest shaU becrome due and payable at the option of
R the Payee under the happeninR of an event by vvhich said balance shall or may become due and payable under the terms
~ of said Mortgage.
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~ 7'his Note may not be changed orally, but only by an aRreement in writing, signed by the party against whom en-
~ forcement o[ any waiver, ~han~e, modifiration or discharg~ is sought.
~ All parties to this Note, u~hether rlaker, principal, surety, guarantor or endorser, hereby waive presentment tor
p:~yment, demand, proiest, notice ot protest, and notice of dishonor, and expressly agree jointly and severally to remain
~ and continue bound (or the payment o( the principal and interest provided tor by the terms of tfiis Note, notwithstanding
~ any extension or extensions o( the time of. or (or the payment of said principal or interest, or any change or changes in
~ the amount or amounts aqreecl to 1x paid under or by ~•irtue of the obligation to pay provided for in thia Note, or any
~ change or chan~es b~• way of rele.~tie or tiurrender or sut~stitution of any real property and collateral, or either, held as
security for this Note, and K714'( :~II :~nd erery kind o( notice of such eztension or e:tensions, change or chanqes, and
~ agree that the same may be made ..~th~~ut the joinder o( the Maker.
77Go ::,~rr i 3r'r. Avec~ue
~ La~ewoosi rark
Fort Yiercc:, "r'2aric~a 3345J
xy
/s/ Kathleen Christian, a widow
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1're~2y?went Fr3~rileae~ is ~--reb~ ~r~nLed.
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